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Sustainable Buildings Local Law 97 To Affect Brooklyn Buildings In 2024

If your local Brooklyn apartment has not been making sustainability efforts, it’s time to call your landlord and building owners. Local law 97 (LL97), part of the city’s Climate Mobilization Act in 2019, states that buildings 25,000 square feet and larger must limit harmful energy emissions.  Buildings across NYC will need to comply with the […]

The Average Condo Common Charges in NYC Are Increasing. Why?

Buying a condo in Brooklyn is an exciting time as the area keeps growing in popularity. We have said time and time again to expect the unexpected fees when you are buying in New York City. Realty Collective is here to give you the rundown on the average condo common charges in NYC that could […]

Mortgage Recording Tax: What Is It?

When deciding to purchase a co-op, condo, or home in Brooklyn, New York, you can be guaranteed additional fees and taxes will add up. Some of the fees that can be included in your closing cost are the mansion tax, transfer tax, title insurance, and linen tax (for co-ops). You can also be guaranteed a […]

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